Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 292 results for "Ruling"

Retail funds also guilty of 'Compare the Pair' vagueness

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
... follow Industry Super Australia (ISA) in clarifying the language of their superannuation advertising campaigns, following a ruling by the Australian Securities and Investments Commission (ASIC) over use of the term 'average' in reference to super funds. ...

S&P denied appeal over landmark ruling

MARK SMITH  |  WEDNESDAY, 25 JUN 2014
Ratings agency S&P has been denied leave to appeal a Federal Court ruling in favour of 91 council, charities and church groups which lost at least $180 million when AAA-rated investments went sour in the wake of the global financial crisis. The judgement ...

Federal Court finds S&P guilty in landmark ruling

MARK SMITH  |  FRIDAY, 6 JUN 2014
A landmark ruling by the Federal Court against ratings agency Standard & Poor's, ABN AMRO and Local Government Financial Services (LGFS) could have implications across the world. The Federal Court ruled in favour of 12 NSW local councils who lost millions ...

OMFG! Australia could lose an A

BENJAMIN ONG  |  TUESDAY, 20 MAY 2014
... investments, was it not? I don't know what has happened to S&P's appeal against Australian Federal Court Justice Jayne Jagot's ruling against the agency in November 2012. Standard & Poor's and two other defendants who were ordered to pay about A$20 million ...

FSC will take FWC to Federal Court

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
... after FWC president Iain Ross issued a statement yesterday in which he denied the FSC's request for a hearing, as well as ruling out a one week extension for MySuper submissions.

Catching the big wave

BENJAMIN ONG  |  THURSDAY, 27 FEB 2014
... "South Korea is moving closer to seeking the first direct trading between the won and the yuan following calls within the ruling Saenuri party to respond to the growing use of the Chinese currency". And before this, CNBC reported (on 17 February) that ...

SMSF industry welcomes more flexible penalties

ALICE URIBE  |  THURSDAY, 20 FEB 2014
... professionalism in the industry rising, in some micro areas there was still room for improvement. "As a result of the ATO'S final ruling on when a pension begins and ceases, a more disciplined approach to pensions, particularly in relation to when a ...

In praise of the gloom and doomers

BENJAMIN ONG  |  MONDAY, 13 JAN 2014

Market Wrap AM

AAP  |  WEDNESDAY, 13 NOV 2013
... 1,995.48. Shanghai shares closed up 0.82 per cent ahead of an expected official announcement about the meeting of China's ruling Communist Party, due to end on Tuesday after four days. The benchmark Shanghai Composite Index rose 17.30 points to 2,126.77. ...

ATO unsure if dividend washing illegal

ALEX DUNNIN  |  FRIDAY, 4 OCT 2013
... obtaining additional franking credits. To clarify the status of dividend washing the ATO said it intends to issue a Public Ruling on this issue under the framework of the anti-avoidance legislation. Such a ruling will, however, have to be based on Tax ...